Pay Off Debt App: The Easy Way to Create the Best Debt Repayment Plan

No one knows what keeps you motivated like YOU do. That’s why the Pay Off Debt app lets you create your own take-action debt repayment plan..

With Pay Off Debt app, there’s no more wading through conflicting opinions about what the “best” debt repayment method is. No more wondering which method might cost you the most interest, or get you out of debt the fastest.

Instead, you get to see for yourself based on your exact debt situation and selections. Choose from the debt snowball method, the debt avalanche, or something else entirely.

Track your debt repayment progress with the payoff plan of your choice. Watch credit cards, car loans, student loans, and more go down. Plus, you’ll feel a little burst of motivation every time you see that “PAID” icon on your phone.

Would you love to watch your debt go down and know exactly when you could be debt free? Then the Pay Off Debt app is for you!

The Pay Off Debt app can help you:

Decide on the repayment order that works best for you. Choose from the debt snowball method, the debt avalanche, or something else entirely.

Use the payoff strategy of your choice to track your debt and progress, resulting in the most interest saved.

Stay motivated by focusing on the real reason you’re getting out of debt. (You even add a picture of your kids to the Pay Off Debt app, or a house, or whatever photo symbolizes your “why”.)

Organize your debts in one handy spot. This makes it easy to stay focused and celebrate every bit of progress as you work to become debt free!

Plus, it might even help you feel great too!

Speaking as someone who’s paid off over $147,000, I can tell you that paying off debt feels awesome! And I’m not the only one who feels that way. As one user said:

“I just paid off my first debt thanks to this app! I swear being able to watch my % increase and my amount due decrease really helped me stick to the snowball plan. Just mailing monthly checks, and reading the statements isn’t as rewarding as this plan. Now paying off my debt feels better than shopping!”

Did you catch that last part? Paying off debt feels better than shopping. That really is awesome.

Here’s how the Pay Off Debt app works

It’s simple really. You input the numbers from your exact debts so that they’re organized in one place. Decide how much extra you’ve got to put toward debt each month, and choose the order you want to pay them off in.

Then you try things out just by changing a few options while it does all the calculating for you. You’ll see how much interest you can save, and how quickly you could get out of debt.

(I recommend Lowest Balance first for most people, since it’s super motivating. That’s the debt snowball method, and it’s on by default because it works so well. See this post if you want to know why. But you can try things out for yourself, like the example below.)

Not sure what order will get you out out of debt the fastest? You don’t have to guess any longer. You can quickly check them all out and look at the results that will come when you carry out a particular plan. (Hint: The fastest one is the one you will stick with.)

If you want to see your numbers using a debt avalanche, just turn the debt snowball off and set the order to highest interest first. If you want to pay your mom back first, you can do that too.

Why use the award-winning Pay Off Debt app?

Over 53,000 people have used it to pay down debt. It’s been featured in O the Oprah magazine. It’s made by someone (me) who truly wants to see you succeed, not just a random app developer. Someone who has been there and done that; who knows exactly what it takes to become debt free.

Because it can help you stay motivated, stick with it, and succeed.

There are no hidden charges or locked features with the Pay Off Debt app.

You can use it forever with no hidden fees once you’ve bought it. (There are no monthly charges like some of the so-called “free” apps have if you actually want to use their features.) I also won’t try to sell you loans or credit scores in the guise of helping you. I don’t sell your data. In fact, I can’t see what you put in the app at all. Your get out of debt plan is yours, not something for someone else to profit from.

You get detailed insights.

The amortization table for each debt lets you see how your debt will be paid off over time. You’ll be able to see how much of each payment goes to interest and how much goes to reduce the balance.

This was an oft-requested feature, because many people would input their info, take one look at their planned debt free date, and think “That can’t be right! There’s no way everything could be paid off that quickly!”. Oh, but it can — if you’re taking advantage of the debt snowball method — and the amortization table shows you how.

Your information is organized and easy to access

You can see frequently viewed information right on the Debts screen, but you can also dive deeper to view more details about each debt, and you can tap the Summary icon to get the summary of how you’re doing on your overall debt snowball.

That includes your planned debt-free date, a chart of your entire snowball, and the estimated time left before you can scream “I’m debt free!”.

You’ll can also share your information across devices if you’re using the same Apple ID or Google account. (By uploading it to the cloud.) And you’ll be able to re-downloaded the info you last uploaded if you need to reinstall the app for any reason.

You get more resources

A big part of getting out of debt is staying inspired, so the app includes a Resources section with links to blog posts about getting out of debt, and an opportunity to get tips by email.

Want more details? You can do all of these things with the app:

Organize your debt in the order of your choice: using the debt snowball method (from lowest balance to highest balance), using the debt avalanche method (from highest interest rate to lowest interest rates), or in any custom order of your choosing.

Use the Debts screen to view progress bars like this on each debt for motivation and encouragement:

View the starting and current balance of each debt individually, plus the total starting debt and the total current balance information.

See the estimated time left to pay off each individual debt.

View the “planned debt-free date” on the Debts screen. It’s an estimate of when all the debts listed will be repaid. This date will change based on what you input in the Configure Snowball > Additional Amount field.

View your planned monthly payment and the date you last recorded a payment for each debt right on the Debts screen.

View the payment history for each debt, starting with the first payment you record. You can delete payments you’ve recorded too, making it easy to play around with.

Turn the snowball off if you would like to compare how long it would take you to pay off all of the debts if you were NOT using the snowball.

Email your information to up to four different email addresses. (Your list of debts, starting debt amount, current balance, minimum payment amount, due date, and progress made.)

Password protect the app if desired.

It’s easy to record payments and make changes too:

The Debts screen allows you to record the payments you have made. Just tap the +Minimum or Custom buttons for individual debts, or tap ++ to record all minimum payments at once.

Recording all payments at once or recording a minimum payment on the first debt in your snowball will also automatically record the additional amount you entered on the Configure Snowball screen.

If you want to temporarily change the payment amount you are recording, use the Custom button. Otherwise, you can change the minimum payment amount on a debt by tapping the debt to edit it.

Use the Configure Snowball screen to set the additional amount you will put toward the first debt in your list. Change the amount any time you like.

A debt’s current balance is automatically estimated based on information input by you. (However, please note that this is ONLY an estimate. To keep exact records, consult your statements and enter the actual current balance manually on the Edit Debts screen.)

Set payment reminders that will appear when the app is running, if desired. Once the due date has passed, the reminder will no longer appear. Includes a Modify Due Dates option that temporarily advances due dates that would otherwise occur on weekends or non-existent dates.

Select one of five different currency types (Dollars, Euros, Pounds, Yen, or a custom currency.)

What others are saying about Pay Off Debt

"This is by far the best Debt App manager in the app store" - Maurice Butler, customer

"Pay Off Debt is a simple and useful app if you are struggling to decide between different debt repayment methods or want to take a customized approach" - Richer by the Day

"Unique way of knowing exactly what you owe and how much is left to pay. No other app does this as smooth and perfect as this one. Lots of different features and customer service is great!" - J_019, customer

"After trying a different app to manage my finances, I switched to this one and love it. It shows your starting amount owed on each bill and the remaining amount after payments. It's great to get motivated to pay off debt! " -Msgirl2001, customer

"I have tried a few debt apps and this by far is the best. Simple and easy. It's perfect for anyone to help pay off debt." -Angelia Hopkins, customer

"I've had this app for about 6 months now and it's great - well worth the money. easy to use and beautiful." -Reillypupe, customer

Winner of the…

for Best Personal Finance Educational Resource

Support

For comments or questions please email jackie@jackiebeck.com. Include the type of device you are using (such as iPhone 8, iPhone X, iPad Mini, Samsung Galaxy S8, Google Pixel, etc.) along with the version number of the app. The version number can be found at the bottom of the Settings screen.)

Tutorials

For help with any of Pay Off Debt's features, please review these tutorials: